671 Forest Avenue, Portland, ME 04103
$1,499,000
Property Type:
Commercial
Square Footage:
11,169
Lot Size (sq. ft.):
5,227
Status:
Active
Current Price:
$1,499,000
List Date:
1/27/2026
Last Modified:
3/07/2026
Description
INVESTORS TAKE NOTICE: 1 retail and 8 residential units (9 units total) in a prime Portland location! Discover a unique investment
opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave. This property features a strategic location with one
street-level retail unit, perfect for businesses seeking prime visibility, and eight residential units on the second floor, providing modern
living spaces with 1 to 3 bedrooms.Positioned at a bustling intersection, the property promises high traffic and accessibility via major
thoroughfares and public transportation. Investors can capitalize on a steady rental income stream from the mix of residential and
commercial spaces, while the prime location ensures long-term appreciation and demand. Explore the potential of this mixed-use gem,
combining convenience, versatility, and income prospects. Schedule your private viewing and seize the opportunity to invest in this
dynamic property. The full finished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical
convenience for the retail unit.
Supplements: ********
More Information MLS# 1650411
Location Information
Book: 31169
Leased Land: No
Page: 226
Map: 129
Lot: L002
Zoning Overlay: Unknown
Tree Growth Y/N: No
Association Y/N: No
Street #: 671
Street Name: Forest
Street Type: Avenue
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04103
Zip +4: 4101
Zoning: B2
Full Tax Amount $: 15028
Tax Year: 2024
Geo Lat: 43.671155
Geo Lon: -70.284152
Property Information
Primary Use: Multi Family
Surveyed: No
Lot Size Acres +/-: 0.12
Year Built: 1910
SqFt Finished Total: 11169
Levels
Multi-Level: 1
Location
Bus Line: 1
Business District: 1
Downtown: 1
Near Airport: 1
Near Shopping: 1
Near Turnpike/Interstate: 1
Public Transport Access: 1
Commercial Bldg Information
Confidentiality Statement: No
Gross Income: 145308
Operating Expenses: 34519
Retail SqFt: 1108
Total Units: 9
Property Uses
Commercial: 1
Office Building: 1
Other: 1
Retail: 1
Construction
Masonry: 1
Basement
Finished: 1
Full: 1
Unfinished: 1
Walk-Out Access: 1
Exterior
Brick: 1
Brick Veneer: 1
Roof
Flat: 1
Other: 1
Heat System
Baseboard: 1
Hot Water: 1
Heat Fuel
Oil: 1
Cooling
None: 1
Floors
Carpet: 1
Tile: 1
Vinyl: 1
Parking
1 - 4 Spaces: 1
Off Street: 1
On Street: 1
Paved: 1
Electric
Circuit Breakers: 1
Gas
Natural - At Street: 1
Natural - On Site: 1
Sewer
Public Sewer: 1
Water
Public: 1
Contract Information
Status: Active
Original List Price: 1499000
List Price: $1,499,000
Current Price: $1,499,000
Property Features
Location: Bus Line; Business District; Downtown; Near Airport; Near Shopping; Near Turnpike/Interstate; Public Transport Access
Construction: Masonry
Levels: Multi-Level
Property Uses: Commercial; Office Building; Other; Retail
Basement: Finished; Full; Unfinished; Walk-Out Access
Exterior: Brick; Brick Veneer
Roof: Flat; Other
Heat System: Baseboard; Hot Water
Heat Fuel: Oil
Cooling: None
Floors: Carpet; Tile; Vinyl
Parking: 1 - 4 Spaces; Off Street; On Street; Paved
Electric: Circuit Breakers
Gas: Natural - At Street; Natural - On Site
Sewer: Public Sewer
Water: Public
Documents
Income & Expense ›
Listing Office:
Maine Real Estate Co
IDX
Last Updated: March - 07 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.